Private equity firm and activist investor agree to buy the claims and repair software provider after a months-long sale process. CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCC) has agreed to be acquired by a consortium of private investment firms led by GTCR and including Elliott Investment Management L.P. in an all-cash transaction with an enterprise […]
Solera and GTCR Complete Acquisition of ADP’s Claim Services Group
Solera, Inc. and GTCR Golder Rauner, a private equity firm, announced that they have completed the acquisition of the Claims Services Group (CSG) from Automatic Data Processing, Inc. for $975 million in cash. In the deal, Solera acquired operating companies that employ over 2,000 associates in 31 countries, generate over $410 million in annual revenue, […]